EIA: Future demand buoys Canadian shale, LNG projects

Christopher E. Smith
Pipeline Editor

HOUSTON, Jan. 15 -- The US Energy Information Administration sees Canadian gas shale formations as an increasingly important part of US natural gas imports in 2009. In its "US Natural Gas Imports and Exports: 2007" special report published this month, EIA cited renewed interest and optimism regarding unconventional gas recovery in Canada following the successes seen in the northeast Texas Barnett shale and other formations in the Lower 48 states.

EIA estimated 2007 production in the Upper Montney region of British Columbia at 80 MMcfd of gas and expects this to rise rapidly in 2009. The report listed Encana Corp., Apache Corp., and EOG Resources Inc. as having listed reserves in the area. Wood Mackenzie Ltd., however, forecast recently that the market could be adequately supplied without developing "expensive or challenging" shales such the neighboring Horn River (OGJ, Dec. 8, 2008, p. 32).

The report also cited other Canadian efforts toward meeting future increases in North American demand, including Irving Oil Ltd. and Repsol-YPF SA's Canaport LNG terminal in New Brunswick. The terminal is Canada's first and will be used to meet demand in the US northeast and eastern Canada starting early 2009. Construction of three 2.5 bcf storage tanks is complete. Total sendout capacity is 1.2 bcfd, with the first phase of operations using existing and expanded capacity on the Maritimes & Northeast Pipeline to move gas into the US.

Contact Christopher E. Smith at chriss@ogjonline.com.

Related Articles

EOG Resources sells bulk of Canadian assets

12/09/2014 EOG Resources Inc., Houston, has divested all its Manitoba assets along with certain assets in Alberta in two separate deals that closed on Nov. 28...

EOG Resources improves Eagle Ford completions

10/16/2014 EOG Resources Inc. said completion design advances in the Eagle Ford shale contributed to several noteworthy well results in the second quarter.

Houston launches Energy High

03/10/2014 Last summer this editor had the opportunity to visit two corporate-backed oil and gas apprenticeship programs in Scotland. Aberdeen College and For...

Record Barnett HC content seen in combo play

12/02/2009 Hydrocarbon content in the thickest part of the Mississippian Barnett shale combo play in North Texas is so great that even 2-3% recovery is highly...

EOG sees reserve hike in Barnett Combo play

11/06/2009 Improved horizontal completion techniques in the North Texas Barnett Combo play have led EOG Resources Inc. to estimate that ultimate recoveries in...

Texas-East

11/06/2009 EOG Resources Inc. has expanded its acreage position in the Haynesville shale play to 153,000 net acres after adjusting for the expected exercise o...

Pennsylvania

09/22/2009

Seneca Resources Corp., Williamsville, NY, said its first operated Marcellus shale horizontal well averaged 5.8 MMcfd of gas over 6 days.

BLM begins scoping period for EOG Uinta basin gas project

09/09/2009 A 30-day public scoping period for a large natural gas infill project proposed by EOG Resources Inc. in eastern Utah will begin on Sept. 9, the US ...

Lower E&P spending ends 6-year global rally

12/20/2008 Global spending for exploration and production is expected to decline 12% to $400 billion in 2009—"a reversal after 6 years of global growth,"...

White Papers

AVEVA NET Accesses and Manages the Digital Asset

Global demand for new process plants, power plants and infrastructure is increasing steadily with the ...
Sponsored by

AVEVA’s Approach for the Digital Asset

To meet the requirements for leaner project execution and more efficient operations while transferring...
Sponsored by

Diversification - the technology aspects

In tough times, businesses seek to diversify into adjacent markets or to apply their skills and resour...
Sponsored by

Engineering & Design for Lean Construction

Modern marketing rhetoric claims that, in order to cut out expensive costs and reduce risks during the...
Sponsored by

Object Lessons - Why control of engineering design at the object level is essential for efficient project execution

Whatever the task, there is usually only one way to do it right and many more to do it wrong. In the c...
Sponsored by

Plant Design for Lean Construction - at your fingertips

One area which can provide improvements to the adoption of Lean principles is the application of mobil...
Sponsored by

How to Keep Your Mud System Vibrator Hose from Getting Hammered to Death

To prevent the vibrating hoses on your oilfield mud circulation systems from failing, you must examine...
Sponsored by

Duty of Care

Good corporate social responsibility means implementing effective workplace health and safety measures...
Sponsored by

Available Webcasts


On Demand

Optimizing your asset management practices to mitigate the effects of a down market

Thu, Dec 11, 2014

The oil and gas market is in constant flux, and as the price of BOE (Barrel of Oil Equivalent) goes down it is increasingly important to optimize your asset management strategy to stay afloat.  Attend this webinar to learn how developing a solid asset management plan can help your company mitigate costs in any market.

register:WEBCAST


Parylene Conformal Coatings for the Oil & Gas Industry

Thu, Nov 20, 2014

In this concise 30-minute webinar, participants have an opportunity to learn more about how Parylene coatings are applied, their features, and the value they add to devices and components.

register:WEBCAST


Utilizing Predictive Analytics to Optimize Productivity in Oil & Gas Operations

Tue, Nov 18, 2014

Join IBM on Tuesday, November 18 @ 1pm CST to explore how Predictive Analytics can help your organization maximize productivity, operational performance & associated processes to drive enterprise wide productivity and profitability.

register:WEBCAST


US HYDROCARBON EXPORTS Part 3 — LNG

Fri, Nov 14, 2014

US LNG Exports, the third in a trilogy of webcasts focusing on the broad topic of US Hydrocarbon Exports.

A discussion of the problems and potential for the export of US-produced liquefied natural gas.

These and other topics will be discussed, with the latest thoughts on U.S. LNG export policy.

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected